Insurance Product Developer

About the Role

Our client is looking for an innovative and strategic Insurance Product Developer to join their dynamic team, working remotely. You will be responsible for researching market needs, designing new insurance products, and enhancing existing offerings to maintain a competitive edge. This role requires a deep understanding of the insurance landscape, regulatory environments, and customer demands. You will collaborate with various departments, including actuarial, marketing, and sales, to bring profitable and customer-centric insurance solutions to market, contributing significantly to the company's growth and success in a flexible, remote-first capacity.

Key Responsibilities

• Conduct market research to identify opportunities for new insurance products and services.
• Design and develop innovative insurance products that meet customer needs and align with business strategy.
• Analyze the financial viability and market potential of proposed products.
• Collaborate with actuarial, legal, compliance, and marketing teams to ensure product design and implementation are sound.
• Develop product documentation, including policy wordings and pricing structures.
• Monitor the performance of existing products and recommend adjustments or improvements.

Requirements

• Proven experience in insurance product development , management, or a related strategic role.
• Strong understanding of the insurance industry, including various product lines and market dynamics.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Ability to translate market insights and customer needs into viable product concepts.
• Experience working with cross-functional teams in a collaborative environment.
• Familiarity with regulatory requirements related to insurance products.

Benefits

• Attractive salary and performance bonus structure.
• Fully remote work opportunity with flexible hours.
• Comprehensive health, dental, and vision insurance.
• Generous paid vacation and personal days.
• Professional development budget and career advancement opportunities.